Century Payments Review

Century Payments Review

Author

Overview

I did try to research in detail about Century payments to write a detailed review, but the company is too young to write something substantial about them. Formed in 2009, Century Payments is based out of Frisco, Texas. For detailed reviews, I believe we still have to wait to see how things progress for them when they get mature.

When I searched their BBB profile, there were few complaints that were falling in 3 main categories

  1. Billing and collection problems faced by Merchants
  2. Something related to their advertising and sales.
  3. Few revolved around their products and services

One thing that I don’t like about them is their cancelation fee that is 495 dollars in case of early termination that is quite high when it comes to a company that just started their business. I mean, how are they planning to compete in this competitive world with such policies?

They also have presence on social media networks like Youtube, Twitter an Facebook.

As far as rating is concerned, I can give Century payments 3.5 out of 5.

Date Established:
2009.

Location:
Frisco, Texas.

Domain Name(s):
www.centurypayments.com

Parent/Partner Company:
Century Payments was funded by venture capital firm Austin Ventures.

Type:
ISO/MSP.

Acquiring Bank(s) (Acquirer):
Wells Fargo Bank.

Payment Processor(s):
They have been known to use iPayment and WorldPay for their processing, but I was told that they handle the processing of their own transactions as well.

Payment Gateway(s):
Authorize.Net.

Trust Symbols:
The Century Payments BBB profile has a “B” rating and 16 complaints as of this update.

Negative Reviews/Complaints:
They only have a small number of negative reviews and complaints. They’ve only been around since 2009 though, so that’s to be expected.

Here is their Yelp profile.

Common Complaints:
None found

Verifiable Testimonials/References:
No testimonials on the Century Payments website.

Security/Privacy:
No on-site security features (i.e. McAfee, Security Metrics etc…).

Customer Service:
I spoke with a Century Payments rep whom was very helpful in answering my questions. Aside from that, I don’t have any experience with them as a merchant. If you’ve worked with them, please let us know.

Contract Duration:
3-years.

Cancellation Fee:

$495.00.

Interchange-Plus Pricing:
Interchange-plus is offered by Century Payments. Be sure to learn about it, then ask for it.

Seasonal Downtime:
Seasonal downtime is also offered by Century Payments.

Product/Service Offering:
Retail (Credit/Debit), Online/e-Commerce Payments, Gift & Loyalty, Mail Order/Telephone Order (MOTO), Recurring Billing.

Product/Service Specialty:
None.

Don’t forget to leave your review and rating in the comment section. :)

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